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Investor's Dream with Stunning Views: Renovated Dual Unit Property Welcome to 850 W 7th Avenue in the charming city of Escondido! This newly renovated property presents a unique investment opportunity with two separate units, perfect for savvy investors or homeowners seeking additional income potential. The bottom unit features a spacious 2-bedroom, 1.5-bathroom layout spanning 900 square feet, while the top unit serves as an ADU (Accessory Dwelling Unit) with 1 bedroom and 1 bathroom across 460 square feet. Both units have undergone recent renovations, including a new roof, freshly renovated kitchen and bathrooms, new paint, and flooring, ensuring a modern and inviting atmosphere for residents. Nestled on a sprawling 17,000 square foot lot, this property offers ample space for parking and outdoor activities, making it ideal for tenants or homeowners with active lifestyles. Additionally, the large lot size presents the opportunity for further development, with the potential for an owner lot split or the addition of a full-size detached ADU. One of the most captivating features of this property is its stunning mountain views, providing a picturesque backdrop for daily living and relaxation. Imagine waking up to the sight of majestic mountains every morning, or unwinding on the balcony while soaking in the beauty of the surrounding landscape. Conveniently located in Escondido, residents will enjoy easy access to local amenities, shopping centers, dining establishments, and recreational activities. With its prime location and income-generating potential, this property is not only a wise investment but also a desirable place to call home. Whether you're an investor looking to maximize rental income or a homeowner seeking additional space for extended family or guests, 850 W 7th Avenue offers endless possibilities. Don't miss out on this exceptional opportunity schedule a showing today and explore the potential of this unique property!
Address |
850 W 7th Avenue
Escondido, CA 92025 |
Listing Status | SOLD |
Sold Price | $868,000 |
Asking Price | $799,000 |
Original Listing | $799,000 @ 2024-03-27 |
Terms | Cash,Conventional,VA |
Sold Terms | Other/Remarks |
Escrow Date | 2024-04-04 |
Closing Date | 2024-04-19 |
Days on MLS | 8 |
Property Type | RESIDENTIAL |
Sales Restrictions | Standard |
Mello-Roos Fee | $33 per Year |
HOA Fee | $0 |
Square Footage | 1360 sf |
Flooring | Linoleum/Vinyl |
Bedrooms | 3 |
Full Bathrooms | 2 |
Half Baths | 1 |
Directions | 9th/Auto Parkway to 9th to Tulip to 7th |
Community Area | SOUTH ESCONDIDO |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 2323201700 |
Zoning | R1 |
Geographic Areas | |
Highway Locator |
East of I-15 East of I-5 North of I-8 North of SR-52 |
Ocean Distance | 20.8 miles |
Year Built | 2013 |
Laundry Location | Other/Remarks |
Elevator | Not Listed |
Cooling | N/K |
Heating | Wall/Gravity |
Sewer/Septic | Public Sewer |
Fireplaces | Not Listed (FP in Living Room) |
Equipment | Refrigerator |
Miscellaneous | Gutters |
Platform | SDMLS |
AOR | |
MLS Number | SW24061172 |
Courtesy of | eXp Realty of California, Inc. |
https://www.californiatophomes.com/SW24061172
Style | All Other Attached 2 Story |
Material | Not Listed |
Floor Level | 1 of 2 |
Lot Size | ~ 17,000 sf |
Fencing | Not Listed |
Topography | Not Listed |
Roof | Composition |
Swimming Pool | N/K |
Patio | Covered, Deck |
Accessibility | None |
Parking |
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces:
0 -
Driveway
|
View | Mountains/Hills |
Unit Location | 1 common wall |